MCX Gold Tips, Gold Updates:Gold is technically consolidating on charts. Last week gold was trading in a range for most part of the week. In this week 28,600 will act as a major support in gold and 29,600 will act as a major resistance. For this next week traders can use sell on higher level strategy if gold sustains below 29,100 than below 28,950 it can test the level of 28,810/ 28,670.

MCX Silver Tips, Silver Updates:For this week 54,400 and 52,500 are the crucial supports and 58,500 and 60,500 are crucial resistance in MCX Silver. For this week traders can use sell on higher level strategy if silver sustains below the level of 56,150 then below 55,650 silver can test the level of 55,200/ 54,600.

MCX Base Metals Tips, Copper Updates:Base metals counter can trade with mixed bias with mild profit booking can be seen at current levels. Copper may trade in range of 440-450 while Lead may trade in range of 111.50-113.50 and nickel in a range of 935-955 in near term.

MCX Crude Oil Tips, Crude Updates:Crude is in a consolidation phase. For this week 5,150 and 4,950 will act as major supports and 5,550 and 5,720 will act as major resistance in crude. For this week traders can use sell on higher level strategy, if MCX Crude sustains below the level of 5,380 then below 5,340 it can test the level of 5,290/ 5,230.